PNC FINANCIAL SERVICES GROUP INC
For the period ended Sep 30, 2024. Filed Nov 1, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 1, 2024
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Lessor Income
Table 57: Lessor Income
| Three months ended September 30 | Nine months ended September 30 | |||
|---|---|---|---|---|
| In millions | 2024 | 2023 | 2024 | 2023 |
| Sales-type and direct financing leases (a) | $92 | $76 | $264 | $219 |
| Operating leases (b) | 7 | 9 | 18 | 40 |
| Lease income | $99 | $85 | $282 | $259 |
(a)Included in Loans interest income on the Consolidated Income Statement.
(b)Included in Lending and deposit services on the Consolidated Income Statement.
NOTE 7 BORROWED FUNDS
The following table shows the carrying value of total borrowed funds at September 30, 2024 (including adjustments related to accounting hedges, purchase accounting and unamortized original issuance discounts) by remaining contractual maturity:
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